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Rock Island Today

Thursday, October 2, 2025

Former state university employee Rose paid in $59K to pension fund, could collect $1.19M in retirement

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Former state university employee Caryn Rose, who retired in September 2017, saved $59,431 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rose would collect as much as $1.19 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Rose received $25,061 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rose will have already received $77,461 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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